Updated Sep 22, 2026
Ilya Fuchs Acquires Development Site At 90 Lexington Avenue Cambridge For $3.2M With Brokers John Maggio & Yassien Youssef
90 Lexington Avenue
$3,200,000
$754/SF
Building Size
4,244 SF
Asset Type
Development Site
Closing
Sep 14, 2026
About this deal
AI
The development site located at 90 Lexington Avenue in Cambridge, MA was sold for $3,200,000. The site comprises 10,655 BSF and 4,244 SF, translating to a price per BSF of $300 and a price per SF of $754.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,200,000
- Buyer: Ilya Fuchs
- Seller: Steve Siuda
- Broker Representing Seller: John Maggio - Evo Real Estate Group
- Broker Representing Buyer: Yassien Youssef - Compass
John Maggio and Yassien Youssef played pivotal roles in facilitating the transaction. The site will see a new construction of luxury condos developed by Trio, highlighting the potential for future residential development in the area.
On the Map
$3,200,000
$754/SF
Development Site
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Players
Cambridge Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93